• SATS is offering shareholders the rights to buy 323 new shares for every 1,000 old shares, at S$2.20 each.
• All who held shares as at 5pm on 2^nd March 2023 are eligible to subscribe.
• The rights entitlements will be traded from 7 to 15 March 2023.
• Subscription and payment will close on 21 March 2023 at 5:30pm.
• The new shares are expected to be allotted and traded from 29 March 2023.
• Proceeds will be used to partially fund the acquisition of Worldwide Flight Services. 

#1 The entitlement to the rights is transferable